425 5th Avenue

425 5th Avenue is a condo located in Midtown South, New York. The building was first built in 2003 and is 21 years old. The lot that the building was built on is 77 feet wide and 150 feet long. The official lot area is listed as 12,630 square feet. In total, 425 5th Avenue has a total floor area of 209,528 square feet. Of that, 162,558 square feet are used for residential purposes. About 46,970 square feet of the building are used for commercial purposes. There are a total of 180 units. Of those, 172 are residential units. There are 8 commercial units. 425 5th Avenue has a total of 54 floors. Thankfully, the building is equipped with elevator service. Residents can acccess the 14 elevators in 425 5th Avenue.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. Both dogs and cats are allowed in the building! There are 425 closings on record, of which we have matching data for 9 listings. In the past 3 years, a listing in this building will typically remain on the market for about 112 days Meaning, listings tend to sell at a median of $1,515 price per square foot. The transaction that took the longest to complete was unit 26D, listed on Nov 13, 2014 for $1,288,000. This particular unit ultimately sold 126 days later for $1,238,000. The most recent transaction was for unit 41B, sold for $1,530,000 on Jan 24, 2024. Fun fact, the oldest transaction we have on record took place on Dec 29, 2003. See the full transaction history for 425 5th Avenue below.

Midtown South, where 425 5th Avenue is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,288,000. For interested buyers, that means the building's median asking price is around 0.36% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.